601 S Helena, Anaheim, California 92805, Anaheim, 92805 - 3 bed, 3 bath
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Anaheim, California 92805
This property presents a High-Potential Investment Opportunity with a List Price of $899,900—positioned well below the $926,960 Fair Market Value by 2%. This valuation gap offers $27,060 in Instant Equity. Featuring a permitted separate apartment and a Fair Condition Rating, the home requires a full rehab to modernize its 1946 vintage systems. Its prime location near the Anaheim Packing District provides significant rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 S Helena Subject | $899,900* List Price | 3 | 3 | 2,268 | $409 | - |
A 402 S Olive Active | $899,900 List Price | 3 | 3 | 1,796 | $501 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1946 and features kitchens and bathrooms explicitly described as 'vintage' and 'retro 1962.' With no significant renovations in over 60 years, the interior systems and finishes are well beyond their functional life expectancy and require a full rehab to meet modern standards.
The property features a permitted separate apartment over the garage with its own entrance, offering excellent versatility for multi-generational living or potential rental income.
Boasting exceptional walkability, the home is situated just blocks from the Anaheim Packing District and Center Street Promenade, providing immediate access to premier dining and entertainment.
This 1946 custom-built home offers significant square footage and rare vintage features, including a dedicated sound room and an enclosed sunroom, which distinguish it from standard area listings.
The 'vintage' and 'retro' kitchens and interiors from the 1940s and 60s suggest the property will likely require significant capital investment for contemporary upgrades.
Several assigned public schools, specifically at the elementary and middle school levels, carry low performance ratings, which may impact long-term resale value for families.
Welcome to the most unique and versatile property on the market in Downtown Anaheim! This custom-built, 1946-era home offers an incredible main home seamlessly paired with a separate apartment over the garage (permitted as a continuous addition in 1962). The main residence boasts a fully fenced front yard, a welcoming front porch, a formal entry, and a large living room. Brimming with vintage character, it features a vintage kitchen, two spacious bedrooms, two bathrooms, a huge den, a vintage sound room, and an enclosed sunroom. Accessible through the main house—or easily locked off for complete privacy via a separate flight of stairs—the upper-level apartment includes one bedroom, a large living room, an abundance of storage, and a retro 1962 kitchen. Completing this rare property is a two-car attached garage connected by a charming breezeway, and a low-maintenance backyard featuring a secure gate for additional on-site parking. Located just blocks from the Anaheim Packing District, Center Street Promenade, Farmers Markets, and Villains Brewing Company, this exceptional property blends retro charm, massive space, and premier walkability.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,268 | 1,472 | 94% |
| Lot Size | 5,562 | 6,160 | 29% |
| Price | $899.9K | $913.0K | 47% |
| Price per sq ft | $397 | $657 | 3% |
| Built year | 1946 | 1953 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 134 | 4% |
May 27, 2026
$899,900
Initial Listing
Jun 2, 2016
$520,000
Public Record